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DCPCUP-2016-02355
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DCPCUP-2016-02355
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Last modified
1/30/2017 8:34:47 AM
Creation date
9/6/2016 10:44:16 AM
Metadata
Fields
Template:
Rezone/CUP
Rezone/CUP - Type
CUP
Petition Number
02355
Town
Pleasant Springs Township
Section Numbers
27
AccelaLink
DCPCUP-2016-02355
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Bond#BLQD026326 <br /> Tower Removal Bond <br /> KNOW ALL PERSONS BY THESE PRESENTS:That we Central States Tower III,LLC <br /> a corporation duly organized under the laws of the State of DE , as Principal and <br /> The Hanover Insurance Company , as Surety, are held and firmly bound unto <br /> Dane County Planning&Development as Obligee, in the amount of <br /> Twenty Thousand Dollars and 00/100 ($20,000.00 )for the payment of <br /> which,well and truly to be made,we bind ourselves,our heirs,executors,administrators,successors and <br /> assigns,jointly and severally, firmly by these presents, the liability of the Surety being limited to the <br /> penal sum of this bond regardless of the number of years the bond is in effect. <br /> Whereas,the Principal has obtained written approval from the Obligee for the construction and erection <br /> of a wireless communication tower located at °'°.o°'«jr . pt TVnaa iA:cn'i myE"t Town dA""'" , Now, <br /> therefore if the principal well and truly complies with the maintenance, replacement, removal or <br /> relocation of the tower from the aforementioned address within 30 days upon receipt of written notice <br /> from the Obligee, to remove, replace, modify, or relocate the tower from said premises then this <br /> obligation is void otherwise to remain in full force and effect unless cancelled as set forth below: <br /> 1. It shall be a condition precedent to any right of recovery hereunder that, in the event of any <br /> default on the part of the Principal,a written statement of the particular facts of such default shall <br /> be, within Thirty (30) days, delivered to Surety at it Home Office located at <br /> 440 Lincoln Street,Worcester,MA 01653 by registered mail to the Surety and the <br /> Surety shall not be obligated to perform Principals obligation until sixty(60)days after Surety's <br /> receipt of such statement. <br /> 2. The Surety may cancel this bond at any time by giving Thirty(30)days notice,by registered mail <br /> or overnight courier service to 210 Martin Luther King Jr.Boulevard.Room 116, Madison,WI 53703 (Obligee). <br /> Such termination shall not affect liability incurred under this obligation prior to the effective date <br /> of such termination. <br /> 3. No action, suit, or proceeding shall be maintained against the Surety on this bond unless the <br /> action is brought within twelve(12)months of the cancellation date of this bond. <br /> 4. Regardless of the number of years this bond may be renewed;in no event shall the liability of the <br /> Surety exceed the penal sum of this bond. <br /> 5. It is understood that the non-renewal of this bond by the Surety, or failure or inability of the <br /> Principal to file a replacement bond shall not constitute a loss recoverable by the Obligee under <br /> this bond. <br /> Sign ned,sealed,and witnessed this 30th day of August , 2016 . <br /> (T'� /�-vt Central States Tower III,LLC <br /> Witness Principal <br /> By: t r,•""� (rllc4v�- <br /> luau <br /> •Tti The Hanover Insurance Company <br /> • Surety <br /> 14 14 111■11, <br /> SL C hal Lr) -- <br /> fitness Vchard A.Monte• ery eAnne K.Micha 4ttmnct <br /> .0" <br />
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